Norway : Financial Sector Assessment Program-Technical Note-Banking Regulation and Supervision.

This note presents a targeted review of selected aspects in the regulation and supervision of banks in Norway. The review is carried out as part of the 2020 Norway Financial Sector Assessment Program (FSAP) and the findings and recommendations are based on the regulatory framework in place and the s...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund. Monetary and Capital Markets Department
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2020.
Colección:IMF Staff Country Reports; Country Report ; No. 2020/260
Acceso en línea:Full text available on IMF
Descripción
Sumario:This note presents a targeted review of selected aspects in the regulation and supervision of banks in Norway. The review is carried out as part of the 2020 Norway Financial Sector Assessment Program (FSAP) and the findings and recommendations are based on the regulatory framework in place and the supervisory practices employed at end-October 2019. The note focuses on the powers and responsibilities, independence, and resourcing of Finanstilsynet (FSA); its supervisory approach and enforcement powers and practices; key aspects of the prudential framework; and mechanisms to prevent abuse of financial services.
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Descripción Física:1 online resource (47 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students